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Archive: (12 Stories)

Startups gain appeal as some Japan Inc. names fade

08/26/2013 4:20am
In a shabby back-alley office in Shibuya, a Tokyo district known for youth culture and tech ventures, defectors from corporate Japan are hard at work for a little known company they fervently believe will be the country's next big manufacturing success.

Anadarko sells part of stake off Africa for $2.6B

08/26/2013 5:23am
Anadarko Petroleum is selling part of its stake in a property off the shores of Mozambique for $2.64 billion.

ConAgra recalls cookie dough because of peanuts

08/26/2013 6:05am
ConAgra Foods Inc. is recalling some Kroger's Break `N Bake chocolate chip cookie dough packages, because they contain peanuts.

Pritzker family buying TMS in $1B deal

08/26/2013 6:26am
TMS International Corp. said Monday that it's selling itself to members of the Pritzker family in a cash deal it valued at about $1 billion including refinanced third-party debt.

BATS Global Markets buys Direct Edge

08/26/2013 9:23am
Stock exchange operator BATS Global Markets is buying Direct Edge to create the nation's second-biggest stock exchange.

Clarification: Amgen-Onyx story

08/26/2013 11:02am
In a story Aug. 25, The Associated Press reported that Onyx Pharmaceuticals and Pfizer Inc. are studying a potential breast cancer treatment, called palbociclib, and oprozomib, a potential multiple myeloma drug that is in early clinical testing.

Is Coke's 127-year-old recipe the same? Not quite

08/26/2013 12:31pm
Coca-Cola keeps the recipe for its 127-year-old soda inside an imposing steel vault that's bathed in red security lights. Several cameras monitor the area to make sure the fizzy formula stays a secret.

News Summary: Orders for US durable goods plunge

08/26/2013 1:26pm
ORDERS PLUMMET: Orders for long-lasting manufactured goods plunged 7.3 percent in July, mostly because of a steep drop in aircraft demand. Excluding the volatile transportation category, orders fell just 0.6 percent.

Economists: future deficits top US fiscal problem

08/26/2013 1:59pm
The biggest fiscal challenge facing the U.S. is the size of projected deficits in the 2020s and 2030s, according to a survey of business economists.

Correction: Obit-Siebert story

08/26/2013 2:09pm
In an obituary published Aug. 25 about Muriel "Mickie" Siebert, The Associated Press erroneously reported Ms. Siebert's age based on information from a spokeswoman. She was 84, not 80. Siebert gave her birth year as 1932 but genealogical records show that she was born on Sept. 12, 1928.

Three are charged with stealing trading data

08/26/2013 3:33pm
Two former employees of Flow Traders, an electronic trading company, were charged Monday in New York with stealing secret data and computer codes from the company to help start their own business.

JPMorgan ordered to pay $42.5 million to Blavatnik

08/26/2013 6:07pm
JPMorgan has been ordered to pay billionaire Leonard Blavatnik $42.5 million damages in relation to a soured investment in mortgage-backed securities.